Alimony Flashcards
(100 cards)
Alimony factors pneumonic
DIE FACTORS
What are DIE FACTORS
Alimony factors
List alimony factors
Duration
Income (from all sources)
Earning Capacity
Financial Resources Age/emotional condition Contribution to marriage Tax treatment Other factors Responsibilty to children Standard of living
Evidence needed for alimony findings/factors?
Competent, substantial evidence
3 types of marriage lengths
Short, moderate, long
What types of alimony are/aren’t avaliable for short term marriages?
All types available, but need exceptional circmstances for permanent
What types of alimony are available for moderate term marriages?
All types, but need “clear and convincing evidence” for permanent
What types of alimony are available for long-term marriages?
All, but rebuttable presumption in favor of permanent
What income counts for alimony?
Income from all sources
What factors do you look at when determining whether to impute income to someone?
Is lack of employment voluntary AND are they using diligent efforts to get similar paying work?
Factors in how much income to impute?
Employment potential
Probable earnings based on work history, qualificaitons, prevailing wages
How much alimony can you impute when looking at earnings history?
No higher than what they’ve earned absent special circumstances
Can a court ask you to withdraw from IRA early and take penalties in alimony?
Yes
When answering question, remember some assets are income generating from ED.
No comment.
What type of alimony: W has kids, kids need in home care, if W goes to work, she won’t earn enough to afford care?
Permanent alimony. Must say special or exceptional circumstances if short term, “clear and convincing” if moderate term.
For alimony, do you tax it?
Only if pre-2019 agreement and says so
Does adultery matter for alimony?
Only if dissipation or has financial impact on recipient
Court awarding alimony. Looks at contributions before marriage. Valid?
No, only during marriage
Quote about standard of living?
Not a superfactor
Can’t pass from prosperity to misfortune
What to add about standard of living?
If both can’t afford, both cut back
Not a super factor
Can’t live beyond means and get alimony
list all forms of alimony
BTG, rehab, durational, permanent, lump, temp, nominal
What is purpose of BTG?
Assist in transition from being married to single
Things to say about BTG in any answer:
Identifiable short term needs 2 years or less Terminates on death/remarraige Nonmodifiable Can be prepaid/lump
Does BTG terminate on death or remarriage?
Yes